Wipro Ventures raises $150m fund to back early to mid-stage startups

Wipro Ventures raises $150m fund to back early to mid-stage startups

Photo: Hemant Mishra/Mint

Wipro Ventures, the investment arm of Wipro Ltd, said it has raised its Fund II, of $150 million, which will invest in early to mid-stage companies building innovative enterprise software solutions in areas such as cybersecurity, application development, analytics, cloud infrastructure, test automation and artificial intelligence (AI).